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2.6.2 Consequences of price changes

Unit 2.6.2 - Consequences of price changes"In this world, you get what you pay for.”- Kurt Vonnegut (1922 - 2007), American author This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the consequences of price changes using demand and supply diagrams to illustrate these changes in market conditions and their consequences for equilibrium price and sales (quantity traded).

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